FDBusiness.com

Shrink film packaging for drinks multipacks “to reach $2.5bn”

 Breaking News
  • C&C Group Increases Revenue by 187.3% to over €1.5 Billion C&C Group, the UK and Ireland drinks production and distribution business, increased net revenue by 187.3% to €1.575 billion in 12 months ended 28 February 2019, reflecting the acquisition of Matthew Clark and Bibendum from the administrators of Conviviality Group in April 2018. Excluding Matthew Clark and Bibendum, and on a constant currency basis, net [...]...
  • 2 Sisters Accelerates Business Transformation 2 Sisters Food Group has announced a series of actions as part of its accelerating transformational strategy to turnaround the business. The company is making further investments in its UK Poultry and Fox’s Biscuits businesses, and is proposing to reduce the number of its UK Poultry sites in order to produce shorter, more efficient supply [...]...
  • Morrisons to Introduce Plastic-free Fruit and Veg Areas to Help Customers Buy Bagless Morrisons is to become the first British supermarket to roll-out plastic free fruit and veg areas in many of its stores. Customers will be able to choose from up to 127 varieties of fruit and veg – and buy them loose or put them in recyclable paper bags. The move follows a ten-month trial in three [...]...
  • Continued Growth by Marston’s Marston’s, a leading British pub operator and independent brewer, has reported a 4.7% rise in underlying revenue to £553.1 million for the 26 weeks ended 30 March 2019, reflecting strong growth in its brewing business, the contribution from new openings and pub acquisitions and positive like-for-like sales in its pub businesses. Underlying operating profit at [...]...
  • UK Ethical Food and Drinks Sales Hit £8.2 Billion British consumers are increasingly eating with a conscience as latest research from Mintel reveals that last year the nation spent £8.2 billion on ethical food and drink, including organic, Fairtrade, Rainforest Alliance and Marine Stewardship Council (MSC) certified products. Over the past five years, sales of ethical food and drink have shot up by 43% [...]...

Shrink film packaging for drinks multipacks “to reach $2.5bn”

January 29
15:30 2016

Sidel_ORC_Oman_Shrink_-Wrapped1220The value of shrink film packaging for beverage multipacks is projected to reach more than $2.5bn by 2020, according to a new report published by MarketsandMarkets.

The format will record annual growth of 3.3% during the next five years, the market analysis company predicted.

In 2014, Europe contributed to the highest demand for shrink film for beverage multipacks in the global market, followed by the Americas, MarketsandMarkets said. The water segment accounted for the largest market share in 2014 – with the carbonated soft drinks segment in second. Water and carbonated soft drinks have contributed significantly in the demand for shrink film packaging with the increase in demand for mineral water and carbonated drinks, while the growing consumption of alcoholic beverages such as beer has also contributed in demand for shrink film for the beverage multipacks market.

The report also found that demand for shrink film for beverage multipacks in the bottle segment accounted for the largest share in 2014 – larger than for cans or brick.

The market report defines and segments the shrink film for beverage multipacks market with analysis and projections of the size of the market both in terms of value and volume. It also identifies the driving and restraining factors of the market with analysis of trends, opportunities, and challenges – all segmented by type, application, application form, application pack size and region.

With more than 81 market data tables and 52 figures spread through 154 pages, it has been made available now by MarketsandMarkets.

About Author

admin

admin

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • June 18, 2019Multimodal 2019
  • June 25, 2019BevExpo 2019
AEC v1.0.4

Jobs: Food Packaging

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber

Subscribe Here



Advertisements